National Security operatives have reportedly impounded several vehicles belonging to Bernard Antwi Boasiako, widely known as Chairman Wontumi, in connection with an unpaid debt owed to the Microfinance and Small Loans Centre (MASLOC). The move marks yet another chapter in the escalating financial and legal challenges facing the Ashanti Regional Chairman of the New Patriotic Party (NPP).
Chairman Wontumi is said to have obtained a substantial loan from MASLOC—a state-run initiative aimed at supporting small and medium-scale enterprises. However, he allegedly defaulted on the repayment terms, prompting the agency to seek enforcement through National Security. The seized vehicles are believed to form part of MASLOC’s efforts to recover the outstanding debt.
MASLOC has come under increased scrutiny in recent years, with repeated allegations of financial mismanagement and politically motivated loan disbursements. Chairman Wontumi’s case has become one of the most high-profile enforcement actions by the agency, fueling fresh debate about the fairness and transparency of MASLOC’s operations.
The impoundment has divided public opinion. Some political observers suggest the move could have deeper political undertones, especially given Wontumi’s influence within the ruling party. Others view it as a long-overdue step toward enforcing financial discipline, arguing that public figures must be held to the same standards as ordinary citizens when it comes to debt obligations.
Supporters of Wontumi have decried the seizure, calling it heavy-handed and unnecessary. They argue that alternative, less public avenues for resolving the matter could have been explored. Nonetheless, critics say the incident underscores the urgency of reforming loan recovery processes, especially for high-profile defaulters.
Sources close to Chairman Wontumi indicate that he is preparing to challenge the vehicle impoundment legally. His legal team is reportedly considering action on the grounds that due process may have been sidestepped during the enforcement phase. If the debt remains unresolved, legal experts anticipate further steps, including possible asset liquidation or court proceedings.
This development also brings renewed focus to MASLOC’s role in Ghana’s financial ecosystem. Critics have long argued that the agency sometimes operates more as a political tool than a financial institution, often favoring individuals with strong partisan connections over viable business ventures.
With public interest intensifying, the outcome of this case could significantly influence both Wontumi’s political trajectory and the public’s confidence in MASLOC’s operations. As the story unfolds, many Ghanaians are watching closely to see whether accountability will prevail—or whether political considerations will once again cloud the search for justice.
